
30 September 2024 | 9 replies
Also your capital gain is lowered the more you bonus.If you are going to accelerate you need to really consider how much personal property there, how long you're going to hold it, any offsets available, alternative transaction structures like installment sales or even delaying it a year.Publication 5653 (6-2022) (irs.gov)It lists four more including the ones below.The detailed engineering cost estimate approach (or detailed estimate approach) is similar to the detailed cost approach.

26 September 2024 | 10 replies
Becoming a real estate agent can provide access to deals and market trends.

30 September 2024 | 25 replies
@Moises SilvaHard money loans are short-term loans used for rehab projects and house flips that provide quicker access to finance.

26 September 2024 | 17 replies
Nowadays, design is so advanced you'd often not even know it's built to be accessible.

30 September 2024 | 21 replies
Some people say that is not the 'fastest way' to gain wealth in RE is to highly leverage and go big.

27 September 2024 | 16 replies
First thing I see is you're close to hitting the 2 years OO for a tax free sale on any gain...obviously you don't currently have any gain, but if you can wait it out then any future gains would be tax free...it gives you some wiggle room later.

28 September 2024 | 1 reply
It might also be worth looking into establishing a line of credit for future flips, so you have quick access to funds without needing to rely on third-party lenders all the time.If you're interested in exploring more financing options or ways to streamline future projects, feel free to reach out.Best,Drago

28 September 2024 | 3 replies
I gained one additional renter, adding $800 more monthly rent income, and we build approx $40-$50K of equity.

27 September 2024 | 13 replies
Desstani,Having access to $150K is a large chunk of equity and it can be spread over 2-3 properties.

28 September 2024 | 14 replies
It's not a zero sum game and they don't have anything to gain by telling you straight, ie they're not going to tell you it's a chump fund if the underlying structure is solid.